RE:Why now?
by Sachidanand Shetty on Jul 22, 2008 02:23 PM Permalink
At present, power from existing nuclear reactors costs, after huge subsidies, between Rs 2.70 and Rs 2.80 per kWh. The coal-fired Sasan mega power project in Madhya Pradesh will be supplying power at Rs 1.196 per unit. The real cost of power from existing nuclear reactors is around Rs 4 per unit; the cost of power produced by new reactors will be around Rs 5.50 per unit.
U.S. itself has not set up any nuclear plant in the last 35 years. Its focus is solar, wind, etc. India is among the best regions in the world to harness solar and wind kind of sources and by 2020 it certainly will be commercially viable. India's electricity generation does not depend on the $140 oil you are quoting, our electricity is coal based. We only import oil for petroleum products.
In 2032 our power requirement is 8 lac megawatt and thru this deal we only get 30 to 40 thousands MW, then why so much hurry?
